Financial Statements & Compliance Burwood NSW — Professional Year‑End Reporting for Businesses & SMSFs

Accurate financial statements are essential for tax returns, ATO compliance, business decision‑making and long‑term financial stability. At Burwood Tax Returns, we prepare professional, ATO‑compliant financial statements for companies, trusts, sole traders and SMSFs across Burwood NSW and the Inner West.

As a CPA‑qualified tax agent, we ensure your financial statements are accurate, complete and fully compliant with Australian accounting and tax standards.

Complete Financial Statement Preparation

We prepare financial statements for:

Companies
Trusts
Sole traders
Partnerships
SMSFs
Contractors
Small businesses
Investment entities

Our financial statement service includes:

Profit & loss statement
Balance sheet
Depreciation schedules
Tax reconciliation
Director loan account review
Trust distribution statements
Member statements (SMSF)
ATO‑compliant supporting schedules

We ensure your financial statements are accurate and ready for lodgement.

Profit & Loss Statement (Income Statement)

Your profit & loss statement shows your business performance for the year. We prepare:

Business income
Cost of goods sold
Operating expenses
Motor vehicle expenses
Home office expenses
Depreciation
Interest expenses
Net profit calculation

We ensure your profit & loss statement is accurate and compliant.

Balance Sheet (Statement of Financial Position)

Your balance sheet shows your business financial position. We prepare:

Assets
Liabilities
Equity
Bank accounts
Loan accounts
Inventory
Accounts receivable
Accounts payable
Director loan accounts
Trust beneficiary accounts

We ensure your balance sheet is accurate and reconciled.

Depreciation Schedules

Depreciation is essential for tax planning and compliance. We prepare:

Depreciation schedules
Instant asset write‑off calculations
Small business pool depreciation
Asset purchase planning
Motor vehicle depreciation
Tools and equipment depreciation

We ensure your depreciation claims are accurate and compliant.

Director Loan Account Review (Division 7A)

Companies must comply with Division 7A rules for director loans. We assist with:

Director loan account review
Loan agreement preparation
Minimum yearly repayment calculations
Division 7A compliance
ATO‑compliant documentation

We ensure your director loan accounts are compliant.

Trust Distribution Statements & Minutes

Trusts require accurate distribution documentation. We prepare:

Trust distribution statements
Beneficiary statements
Trust minutes
Taxable income allocation
Capital gains allocation
Franking credit allocation

We ensure your trust distributions are compliant and documented correctly.

SMSF Financial Statements & Member Reporting

SMSFs require detailed financial reporting. We prepare:

Profit & loss statement
Balance sheet
Member statements
Investment schedules
Contribution summaries
Pension payment summaries
Actuarial certificate coordination

We ensure your SMSF financial statements meet ATO and audit requirements.

ATO Compliance Documentation

We prepare all required compliance documentation, including:

Tax reconciliation
GST reconciliation
PAYG withholding reconciliation
Superannuation reporting
Depreciation schedules
Motor vehicle logbook calculations
Home office calculations
Trust distribution minutes
Director loan account documentation

We ensure your business meets all ATO requirements.

Year‑End Compliance Review

Year‑end compliance is essential for accurate tax reporting. We assist with:

GST reconciliation
BAS reconciliation
Payroll reconciliation
Superannuation reconciliation
PAYG instalment review
Trust distribution planning
Dividend planning
CGT review

We ensure your year‑end compliance is complete and accurate.

Business Structure Compliance

Different business structures have different compliance requirements. We assist with:

Sole Traders

Business income reporting
Deduction review
GST reconciliation
Depreciation schedules

Companies

Financial statements
Director loan account review
PAYG withholding
GST reconciliation
Payroll reconciliation

Trusts

Trust distribution statements
Beneficiary statements
Trust minutes
Depreciation schedules

SMSFs

Member statements
Investment schedules
Pension documentation
Actuarial certificates

We ensure your structure meets all compliance obligations.

ATO Audit‑Ready Documentation

We prepare audit‑ready documentation, including:

Financial statements
Depreciation schedules
GST reconciliation
Payroll reconciliation
Trust distribution minutes
Director loan account documentation
SMSF investment schedules

We ensure your records are ready for any ATO review.

Our Process — Simple & Professional

Step 1 — Contact Us

Discuss your financial statement needs.

Step 2 — Provide Your Documents

We’ll tell you exactly what we need.

Step 3 — We Prepare Your Financial Statements

Prepared by a CPA‑qualified tax agent.

Step 4 — Review & Approve

You review your financial statements before lodgement.

Step 5 — Compliance Review

We ensure your business meets all ATO requirements.

Step 6 — Year‑Round Support

We assist with ATO letters, audits and compliance.

Ready for Professional Financial Statements?

Call or Email Us Today

Phone: 02 9744 6866
Email: info@burwoodtaxreturns.com.au
Location: Near westfield, opposite Burwood Park, Burwood NSW 2134

Burwood Tax Returns provides professional financial statements, depreciation schedules, trust distribution documentation, SMSF reporting and ATO compliance services for individuals, sole traders, companies and trusts in Burwood NSW and surrounding suburbs. Contact us today for accurate, affordable and reliable financial reporting